Morgan Stanley pense que Wosh entraînera un risque de changement systémique à long terme et accentuera la volatilité du marché obligataire américain

Gold Finance reports that on April 28th, Morgan Stanley analysts stated that Kevin. Waugh’s nomination as Federal Reserve Chair is likely to be confirmed, which could bring long-term structural reform risks and potentially increase volatility in the U.S. Treasury market. The team led by Matthew Hornbach pointed out that under Waugh’s leadership, the Fed might adopt new inflation indicators, reduce forward guidance, and push to shrink the balance sheet, these changes “could increase volatility between each FOMC meeting.” Waugh himself signaled during a congressional testimony last week that the central bank’s “policy operational approach will undergo a structural change.” (Dongxin News Agency)